2020 GEL to GNF Historical Review

YEARLY HIGH

3439.6332 GNF

YEARLY LOW

2742.7818 GNF

YEARLY AVERAGE

3097.3940 GNF

2020 GEL to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 3439.6332. Conversely, the yearly low was recorded on March 25, dropping to 2742.7818.

This high-to-low spread represents a total annual volatility of 696.8514 GNF. From a start-to-finish perspective, comparing the January average rate of 3295.9055 to the December average rate of 3018.8229, the exchange rate registered a net change of -8.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 3439.6332 was down 1.70% compared to the 2019 peak of 3499.0512, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GEL based on timing:

Yearly Peak High 17,198,166 GNF

2019 Average 16,411,746 GNF

Yearly Trough Low 13,713,909 GNF

Transaction Impact: A difference of 3,484,257.04 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

3369.3770

2913.6819

JanuMarcMayJulySeptNove

GEL to GNF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 3143.0550, compared to 3051.7330 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 91.3220 points.

H1 Avg (Jan–Jun) 3143.0550

H2 Avg (Jul–Dec) 3051.7330

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 696.8514 GNF (High: 3439.6332 / Low: 2742.7818). On the other end, August was the most stable month, with a tight range of 24.6857 GNF (High: 3132.2257 / Low: 3107.5401).

March Spread (Volatile) ±696.8514

August Spread (Stable) ±24.6857

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 179.2401 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -179.2401

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 3162.4383) against the same month in 2019 (average: 3424.0187), the exchange rate shifted by -261.5804 (-7.64%).

2020 Avg (March) 3162.4383

2019 Avg (March) 3424.0187

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3356.2974	3246.9775	3295.9055
February	3412.0558	3256.9204	3331.4024
March	3439.6332	2742.7818	3162.4383
April	3037.4348	2891.5188	2983.1982
May	3001.7659	2933.3584	2957.5757
June	3230.9037	2994.3725	3127.8098
July	3154.0861	3111.6505	3133.1695
August	3132.2257	3107.5401	3119.9211
September	3144.7882	2917.0440	3054.0398
October	3057.1235	2984.3412	3032.7881
November	3024.3086	2861.7620	2951.6565
December	3055.4883	2953.3835	3018.8229